GlobeNewsWire

Sigma Labs Announces Pratt & Whitney Contract

SANTA FE, N.M., Jan. 26, 2017 (GLOBE NEWSWIRE) — Sigma Labs, Inc. (OTCQB:SGLB) (“Sigma Labs” or the “Company”), a provider of quality assurance software under the PrintRite3D® brand, today announced that it has signed a commercial agreement with Pratt & Whitney, a unit of United Technologies Corp. (NYSE:UTX), for its PrintRite3D® software along with participation in the Company’s Early Adopter Program. Begun last year, the Early Adopter Program has served to accelerate use of Sigma Labs’ PrintRite3D® quality assurance applications for 3D printing; participants include Siemens, Spartacus3D, Woodward, Additive Industries, and Pratt & Whitney.

“I’m very pleased to announce that Pratt &Whitney, the esteemed aerospace and defense manufacturer, is joining our Early Adopter Program,” said Mark Cola, President and CEO of Sigma Labs. “Signing high quality, well known customers – coming on the heels of our contract with Siemens just a few weeks ago – clearly demonstrates a growing market for our PrintRite3D® quality assurance software and strong brand recognition for our products.”

About Sigma Labs, Inc.

Sigma Labs, Inc. is a provider of quality assurance software under the PrintRite3D® brand and a developer of advanced, in-process, non-destructive quality assurance software for commercial firms worldwide seeking productive solutions for advanced manufacturing. For more information please visit us at www.sigmalabsinc.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often contain words such as “expects,” “anticipates,” “intends,” “believes” or “will.” These forward-looking statements are subject to a number of risks, uncertainties and assumptions that could adversely affect us, including the risks set forth in Sigma’s most recent annual report on Form 10-K. The forward-looking statements in this press release are made only as of the date of this press release. Sigma undertakes no obligation to update any of these forward-looking statements, whether as a result of new information, future events or otherwise.